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1801 Albion St
Los Angeles, CA 90031
Retail Property For Sale
Investment Highlights
- Attractive Interest-Only Seller Financing Available
- Diversified Unit Mix | Income Streams from 4, 2-Bedroom Apartments & 1 Retail Unit
- Excellent Lincoln Heights Location | Located Right at the Border of the Heart of Los Angeles - Only 2-Miles from DTLA and Dodger Stadium
- Rare & Attractive Parcel Layout | ALL Units are Single-Story, Bungalow-Style Units with No Shared Walls and Individual Driveways
- Huge Rental Upside | Approximately 50% Rental Upside in Current Rents
- Future Development Potential | Several Indicators of Future Development Abilities with LARD 1.5 Zoning, Tier-2 TOC, and within an Opportunity Zone
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,556 SF
Building Class
C
Year Built
1890
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.19 AC
Zoning
RD1.5
Frontage
50’ on Albion St
Property Taxes
| Parcel Number | 5447-025-031 | Improvements Assessment | $400,000 |
| Land Assessment | $740,000 | Total Assessment | $1,140,000 |
Property Taxes
Parcel Number
5447-025-031
Land Assessment
$740,000
Improvements Assessment
$400,000
Total Assessment
$1,140,000
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